Mergers & Acquisitions

Some Idemitsu Kosan shareholders are seeking a court injunction to stop the company from issuing new shares that would help finance its merger with Sh ...

Specialty chemicals manufacturer DuBois Chemicals acquired Blue Star Lubrication Technology, an industrial lubricants provider, the company announced ...

Ardian Invests in LBC

June 7, 2017

Private investment company Ardian agreed to acquire a 35 percent stake in LBC Tank Terminals, buying out previous shareholders State Super and Sunsupe ...

United Oil, of Singapore, will expand its reach in Indonesia with the purchase of 95 percent of lube manufacturer Pacific Lubritama Indonesia.

Two chemical specialty giants – Clariant and Huntsman Corp. – have reached a definitive agreement to merge, the companies announced Monday ...

Showa Shell Sekiyu K.K split its lubricants manufacturing and marketing operations into a wholly-owned subsidiary.

Omnia Holdings agreed last week to acquire Umongo Petroleum, saying Omnia will provide a better springboard for Umongos base oil and lube additive dis ...

Idemitsu Kosan Co. and Showa Shell Sekiyu K.K. last week said they still plan to merge by an unspecified date and will immediately begin integrating s ...

Publishers Letter

April 18, 2017

By now, youve surely heard the big news in the metalworking fluids market: Quaker Chemical and Houghton International have announced their engagement.

Quaker Chemical announced last week an agreement to acquire Houghton International, a deal that will combine two of the worlds largest suppliers of me ...

Testing company Intertek Group plc announced yesterday that it has completed the acquisition of KJ Tech Services, a Germany-based company specializing ...

Japanese Giants Unite

March 28, 2017

Upon their merger later this week, Japanese oil majors JX Holdings and TonenGeneral Sekiyu KK together will be the countrys largest supplier of lubric ...

Lubrizol Corp. will buy an additional 24 percent stake of Lubrizol India Pvt., a 50-50 joint venture between the American additives supplier and India ...

Pugh Lubricants and Apollo Oil announced Monday that they will be joining forces to create one of the largest lubricant distribution companies in the ...

AkzoNobel rejected a $22 billion unsolicited takeover bid from paints and coatings supplier PPG Industries and announced a review of strategic options ...

Vitol Group acquired OMV Petrol Ofisis lubricants and fuels distribution business in Turkey, including a finished lubes blending plant, for 1.4 billio ...

Japanese lubricant manufacturer Moresco Corp. will purchase U.S. blender AML Industries by May next year, the company announced in a press release las ...

Castrol created a joint venture with Romax Technologys InSight business, which provides condition monitoring and predictive maintenance services for w ...

Enterprise Products Partners plans to construct a new isobutane dehydrogenation plant in Texas with capability to produce 425,000 tons per year of iso ...

KMG Chemical Inc. acquired Sealweld for $17.4 million, declaring that the Canada-based valve specialist will help to expand its industrial lubricant o ...